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After stopping adding new customers at the beginning of the month, Sentient Jet is now trying to deal with the pain point of scrambling to secure supply at the last minute – a supply that sometimes isn’t there.
As jet card sellers cope with sourcing flights at guaranteed rates on short notice and system hiccups against record demand, Sentient Jet plans to temporarily halt sales at midnight tonight.
What a difference a year and a couple of months make. Fitch Ratings has upgraded OneSky Flight’s Issuer Default Rating (IDR) to ‘B’ from ‘B-. Fitch also upgraded the company’s senior secured term loan to ‘BB-‘/’RR2’ from ‘B’/’RR3’. The Rating Outlook is Stable. OneSky is a unit of Directional Aviation. Its private aviation brands include Flexjet, Sentient Jet, FXAIR, PrivateFly, and Halo. In April 2020, Fitch had downgraded OneFlight citing, “the effects of a global drop in demand related to the coronavirus pandemic.”
Following the launch of its transatlantic fixed-rate program in May, Sentient Jet is extending that program permanently. It’s also adding Morocco, Tel Aviv, Kyiv, Minsk, Moscow, and St. Petersburg to the list of cities in Europe, the Middle East, and Africa where members can fly with one-way pricing.